Marlowe (LON:MRL) Share Price Passes Below 50 Day Moving Average – What’s Next?

Marlowe plc (LON:MRL) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 328.83 ($4.27) and traded as low as GBX 324 ($4.21). Marlowe shares last traded at GBX 324.75 ($4.22), with a volume of 609,126 shares changing hands.

Marlowe Trading Up 0.2 %

The business has a 50 day simple moving average of GBX 328.83 and a 200-day simple moving average of GBX 345.90. The stock has a market capitalization of £259.87 million, a P/E ratio of -30.20 and a beta of 0.44. The company has a debt-to-equity ratio of 58.99, a quick ratio of 0.80 and a current ratio of 1.24.

Marlowe Company Profile

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services – all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation.